Coinbase, the largest cryptocurrency exchange in the US, has made an announcement regarding 25 altcoins. According to the announcement, Coinbase has decided to discontinue futures trading for these 25 altcoins.
Related altcoins include TRB, RARE, $NEIRO, A, ME, $XTZ, $KMNO, $RAY, $STX, $ENS, $GMT, $SNX, 1000FLOKI, 0G, $ORDI, NIL, $BIO, $UMA, $BEAM, INIT, $SOMI, $EGLD, CLANKER, SOPH, BIGTIME.
Coinbase stated that this decision aims to focus on protecting products that meet liquidity and market quality standards, simplify its derivatives offering, and improve market liquidity and quality.
“As previously announced, we have suspended trading for the following perpetual futures contracts. Remaining open positions have been automatically closed using the specified final settlement method.”
• RARE – 0.016594 $USDC
• $NEIRO – 0.0000827 $USDC
• A – 0.08187 $USDC
• ME- 0.1061 $USDC
• $XTZ – 0.3667 $USDC
• $KMNO – 0.019535 $USDC
• $RAY – 0.665 $USDC
• $STX – 0.2248 $USDC
• $ENS – 6.03 $USDC
• $GMT – 0.012008 $USDC
• $SNX – 0.29246 $USDC
• 1000FLOKI – 0.03148 $USDC
• 0G – 0.58633 $USDC
• $ORDI – 4.663 $USDC
• NIL – 0.04069 $USDC
• $BIO – 0.029321 $USDC
• $UMA – $0.48346 $USDC
• $BEAM – 0.001987 $USDC
• INIT – 0.09222 $USDC
• $SOMI – 0.169201 $USDC
• $EGLD- 4.166 $USDC
• CLANKER – 24.56 $USDC
• SOPH – 0.008768 $USDC
• BIGTIME – 0.0133 $USDC”
*This is not investment advice.